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The factors of production are:
1- Land
2- Capital
3- Labour
4- Enterprise
The first two are Non-human Factors while Labour and Enterprise are two human factors.
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Importance of factors of production?
factors of production unable the production of goods and services to take place and the satisfaction of human wants.
What are two factors of production?
it
Natural capital and human resources are called the factors of what?
production
What is the fourth factors of production measures the qualifications of a worker?
Human capital
What fourth factors of production measures the qualifications of a worker?
Human capital
Importance of factors of production?
factors of production unable the production of goods and services to take place and the satisfaction of human wants.
What are two factors of production?
it
Natural capital and human resources are called the factors of what?
production
What is the fourth factors of production measures the qualifications of a worker?
Human capital
What fourth factors of production measures the qualifications of a worker?
Human capital
What four factors of production measure the qualifications of a worker?
Human capital
What four factors of production measures the qualifications of a worker?
Human capital
How are two of the factors of production related?
Dier
What are factors of production name any four factors of production.?
Factors of production
What are some factors of production in the automotive industry?
There are so many factors of production in the automotive industry. Some of them include market demand, availability of resources, human resource, cost of production and so much more.
Is labor and capital the only two factors of production?
False
How the factors of production changed throughout the four eras of business?
Discuss how the factors of production (natural resources, capital, human resources and entrepreneurship) have changed throughout the four eras of business.
